Stephens Inc. AR Purchases New Holdings in BellRing Brands, Inc. (NYSE:BRBR)

Stephens Inc. AR bought a new position in BellRing Brands, Inc. (NYSE:BRBR - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 3,530 shares of the company's stock, valued at approximately $266,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. V Square Quantitative Management LLC acquired a new position in BellRing Brands in the 3rd quarter worth about $31,000. UMB Bank n.a. increased its stake in shares of BellRing Brands by 69.4% in the fourth quarter. UMB Bank n.a. now owns 571 shares of the company's stock valued at $43,000 after buying an additional 234 shares during the period. Farther Finance Advisors LLC increased its stake in shares of BellRing Brands by 243.1% in the third quarter. Farther Finance Advisors LLC now owns 669 shares of the company's stock valued at $41,000 after buying an additional 474 shares during the period. E Fund Management Hong Kong Co. Ltd. acquired a new stake in shares of BellRing Brands in the fourth quarter valued at about $52,000. Finally, Truvestments Capital LLC acquired a new stake in shares of BellRing Brands in the third quarter valued at about $44,000. Institutional investors and hedge funds own 94.97% of the company's stock.

Insiders Place Their Bets

In other news, Director Robert V. Vitale sold 5,100 shares of the firm's stock in a transaction that occurred on Monday, February 10th. The stock was sold at an average price of $75.30, for a total value of $384,030.00. Following the transaction, the director now owns 1,166,691 shares in the company, valued at $87,851,832.30. This trade represents a 0.44 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Over the last quarter, insiders have sold 156,870 shares of company stock worth $12,087,294. Corporate insiders own 1.07% of the company's stock.

BellRing Brands Stock Down 0.0 %

NYSE:BRBR traded down $0.02 on Wednesday, hitting $77.38. The stock had a trading volume of 759,483 shares, compared to its average volume of 1,135,125. The business's fifty day moving average is $75.79 and its 200 day moving average is $68.16. The company has a market cap of $9.93 billion, a PE ratio of 36.33, a P/E/G ratio of 2.32 and a beta of 0.86. BellRing Brands, Inc. has a 52 week low of $48.06 and a 52 week high of $80.67.

BellRing Brands (NYSE:BRBR - Get Free Report) last announced its quarterly earnings results on Monday, February 3rd. The company reported $0.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.11. BellRing Brands had a negative return on equity of 130.14% and a net margin of 13.32%. Equities analysts predict that BellRing Brands, Inc. will post 2.23 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on BRBR. Jefferies Financial Group increased their price target on BellRing Brands from $61.00 to $84.00 and gave the company a "buy" rating in a research note on Thursday, November 14th. TD Cowen increased their price target on BellRing Brands from $83.00 to $86.00 and gave the company a "buy" rating in a research note on Wednesday, January 8th. Barclays increased their price target on BellRing Brands from $79.00 to $85.00 and gave the company an "overweight" rating in a research note on Tuesday, February 4th. Citigroup increased their price target on BellRing Brands from $83.00 to $90.00 and gave the company a "buy" rating in a research note on Wednesday, January 29th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on BellRing Brands from $73.00 to $77.00 and gave the company a "buy" rating in a research report on Wednesday, November 20th. Three investment analysts have rated the stock with a hold rating and twelve have given a buy rating to the company's stock. Based on data from MarketBeat.com, BellRing Brands has an average rating of "Moderate Buy" and a consensus price target of $77.87.

BellRing Brands Company Profile

BellRing Brands, Inc, together with its subsidiaries, provides various nutrition products in the United States. The company offers ready-to-drink (RTD) protein shakes, other RTD beverages, powders, nutrition bars, and other products primarily under the Premier Protein and Dymatize brands. It distributes its products through club, food, drug, mass, eCommerce, specialty, and convenience channels.